Purplebricks Share Discussion Threads

[rackers1] 07/7/2017 09:26

The oracle who got it spectatularly wrong on NLG the bunny rabbit lol

[lydnem] 07/7/2017 09:13

Thats all you need to know. I dont need to explain myself!

[prewar] 07/7/2017 09:03

"You are not correct"

Well with that well structured argument how could I argue.

Apologies Lydnem aka The Oracle

[lydnem] 07/7/2017 09:01

prewar

You are not correct

[prewar] 07/7/2017 09:00

No need to apologise, yes I have.

[buywell3] 07/7/2017 08:37

Sorry but have you ever been a property seller in a falling house market ?

[prewar] 07/7/2017 08:33

Buywell

It will work in any market where there are dinosaurs charging £5k to do more or less the same thing achieving the same outcome!

[buywell3] 07/7/2017 07:32

As has been pointed out the PURP model worked well in a rising property market

Do you perps think it will also work in a falling property market?

[lydnem] 07/7/2017 07:27

I have an idea.

[bamboo2] 06/7/2017 20:00

That will never happen.
Pre payment is essential to ensure that only qualified sellers make it on to the books. PB is happy to leave the chancers to Traditional High St EA's

[buywell3] 06/7/2017 19:32

What do you perps think would happen

If PURP tweaked its sales model and stopped asking for an up-front fee ?


Come on ........... please do elucidate me

[lydnem] 06/7/2017 13:49

Price drifting again.

Numb nuts will be in the black again soon

Mr albatross strikes again

[rogthepodge] 06/7/2017 13:18

phowdo

PURP is backed by Neil Woodford

and it could tweak its business model if necessary

no sign of that necessity yet

[phowdo] 06/7/2017 11:45

A downturn is the perfect time for a very well funded competitor to drive the competition out of business by providing low cost and no up-front fee online sales. I doubt PURP has the finances but a VC funded startup could perhaps do it.

[andy] 06/7/2017 11:15

rogthepodge5 Jul '17 - 16:13 - 1020 of 1022 0 1

falling prices might result in increased turnover?

-------

It could well indeed, although when prices start to fall buyers sometimes back off waiting for a lower price, so that can be a double edged sword.

The housing market lumbers along and is slow to turn, but trends seems to take years to run once established, so lower prices could mean several years of falls unless inflation makes them affordable again.

If houses become 'sticky', I.E. difficult to sell in a falling market, will the PURP pay an upfront fee method triumph over the traditional pay after the sale commission basis from estate agents?

Would you be so willing to pay an upfront fee if there is doubt you can sell your home?

I think that is the key question here, and with rumblings of house price bubbles in Australia, the USA, and the UK, all of PURP's geographic areas will possibly answer that question at the same time.

[rogthepodge] 05/7/2017 23:06

whichever colour repels online trolls

[lydnem] 05/7/2017 21:36

What colour you getting?

[rogthepodge] 05/7/2017 16:13

falling prices might result in increased turnover?

hard hats for thickheads?

[mike24] 04/7/2017 11:43

ard hats at the ready,
the biggest HPI since 74
base rate should have gone up twelve months ago
to cushion the fall,

[andy] 03/7/2017 19:53

Pete,

Thanks.

[buywell3] 03/7/2017 16:40

Yes they have been reading my posts again

[lydnem] 03/7/2017 16:36

www.dailymail.co.uk/news/article-4657812/Britain-brink-housing-price-collapse.html

[buywell3] 03/7/2017 16:31

By using smoke and mirrors together with a Ouija board

Looks like todays push was a push too far

[cheshire pete] 03/7/2017 12:39

Hi Andy,
Don't have a link but it was reported through StockMarketWire this morning on the Interactive Investor site under 'news' for PURP. Agree it would be interesting to know how they reach that figure.